Biglari Holdings (NYSE:BH)-owned fast food chain Steak ‘n Shake disclosed Monday that its same-store sales rose dramatically after launching Bitcoin (CRYPTO: BTC) payments.



<h2>‘Transformative Power’ Of Bitcoin Boosts Sales</h2>



In an X post, the popular burger chain said that it has fused its cash-producing business with the “transformative power” of Bitcoin.



“Nine months ago today, Steak n Shake launched its burger-to-Bitcoin transformation when we started accepting bitcoin payments. Our same-store sales have risen dramatically ever since,” Steak ‘n Shake added. 



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div>
<blockquote>Nine months ago today, Steak n Shake launched its burger-to-Bitcoin transformation when we started accepting bitcoin payments. Our same-store sales have risen dramatically ever since. Bitcoin payments for Steak n Shake burgers go into our Strategic Bitcoin Reserve, which then…— Steak 'n Shake (@SteaknShake) February 16, 2026</blockquote>
</div></figure>



<h2>Steak ‘n Shake‘s Burger-To-Bitcoin Strategy</h2>



The company stated that all its Bitcoin sales go into a Strategic Bitcoin Reserve, which funds employee bonuses.



Steak ‘n Shake added $15 million worth of BTC to the reserve last month. However, the holdings have dwindled to $11 million as of this writing, according to BitcoinTreasuries.net, amid Bitcoin’s recent price slump.



The company has been actively integrating Bitcoin into its operations. Last month, it announced a BTC bonus for all hourly employees at its company-operated restaurants, collectible after a two-year vesting period.



Price Action: At the time of writing, BTC was exchanging hands at $88,811.53, up 0.12% over the last 24 hours, according to data from Benzinga Pro.



Biglari shares closed 0.48% lower at $396.75 on Friday. Year-to-date, the stock has lifted 19.35%.



The stock maintains a stronger price trend over the short, medium, and long terms with a high Momentum ranking, according to Benzinga's Edge Stock Rankings.



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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.



Photo: Deutschlandreform via Shutterstock

BITO

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Steak 'N Shake, owned by Biglari Holdings, reported a significant increase in same-store sales after accepting Bitcoin payments. The fast-food chain highlighted the "transformative power" of Bitcoin, stating that all Bitcoin sales contribute to a Strategic Bitcoin Reserve, which funds employee bonuses. Recently, the reserve held $11 million in BTC after adding $15 million last month. The company also announced a BTC bonus for hourly employees, collectible after two years. As of now, Bitcoin is priced at $88,811.53, with Biglari shares down 0.48% to $396.75, but up 19.35% year-to-date.

- Steak ‘n Shake reported a significant increase in same-store sales after accepting Bitcoin payments nine months ago.  
- The company directed all Bitcoin sales into a Strategic Bitcoin Reserve, which funds employee bonuses, although recent Bitcoin price fluctuations have reduced the reserve from $15 million to $11 million.  
- Biglari Holdings' stock price saw a recent decline but has increased 19.35% year-to-date, reflecting a positive momentum trend according to market analyses.

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Steak 'N Shake Says Bitcoin Caused Sales To Rise 'Dramatically' And The Coins Are Flowing To Strategic Reserve That Funds Staff Bonuses